JPMorgan looks to sell Plaza District office building for $550M

A decade ago, Avenue of the Americas Plaza was part of a Harry Macklowe portfolio that came apart at the seems in the financial crisis. Now, JPMorgan Asset Management is looking to part ways with the Plaza District office tower. The bank’s asset management arm put the 23-story office building at 125 West 55th Street up for sale, sources familiar with the property told The Real Deal. JPMorgan Asset Management is expecting the late 1980s-era

source https://therealdeal.com/2020/01/29/jpmorgan-looks-to-sell-plaza-district-office-building-for-550m/